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Elon Musk demands Twitter deal be based on real accounts
Elon Musk said that if Twitter Inc. could provide its method of sampling 100 accounts and how it confirmed that the accounts are real, his $44 billion deal to buy the company should proceed on its original terms. “However, if…
Dangote, Adenuga, Rabiu dominate Africa’s billionaire index
Sopuruchi Onwuka Chairman of Dangote Group, Aliko Dangote, is in comfortable position as Africa’s richest man, West Africa’s leading billionaire and Nigeria’s wealth symbol. Besides just being a dollar billionaire, Aliko owns and runs Africa’s biggest manufacturing industries, being the…
AIICO Insurance Grows GWP by 21.4% In H1 2022
AIICO Insurance Plc, foremost and most resilient insurance services provider has announced a gross written premium (GWP) of N45.5billion in the H1 2022, up by 21.4per cent compared with N37.481billion recorded within the same of in 2021. While the company…
Seplat Energy commits to right energy mix for Nigeria
Flows production into Amukpe conduit Indigenous energy company, Seplat Energy Plc has said its greatest business opportunity ahead of it is to supply the right mix of energy to support Nigeria’s growth. The declaration came moments after the company commenced…
Chevron disowns recruitment advert as false
Chevron Nigeria Limited (“CNL”), operator of the Nigeria National Petroleum Corporation (NNPC)/CNL Joint Venture, is aware of the circulation of false recruitment information posted in several media and online channels by unscrupulous persons and organizations in the name of CNL…
Capacity crunch: OPEC+ squeezes additional 100 kbd output
The world’s major oil producers hosted in the Organization of Petroleum Countries (OPEC) and its nonmember coalition countries will increase their controlled oil output by only 100,000 barrels per day under the its scheduled supply restoration. OPEC and its allies,…
Energy transition: Heritage Oil demands industry players to focus on Nigeria’s need
Sopuruchi Onwuka Players I the Nigerian petroleum industry must work collectively to secure a strong position for Nigeria in the emerging global energy landscape. Chief Executive Officer of Heritage Energy Operational Services Limited (HEOSL), Ado Oseragbaje, who delivered remarks at…
Ferrari seeking approval to roll out flying car
A Ferrari-red flying car is could soon become every commuter’s dream come true: It would fly over miles of gridlock to work, land and then drive a mile or two to their parking spaces. Samson Air’s Switchblade, which has been…
OPEC+ posts 2.84 mbd underproduction in June
Sopuruchi Onwuka Hopes that the Organization of Petroleum Exporting Countries (OPEC) and its coalition members can rapidly rise to the challenge of supply gaps in the international oil market is beginning to fade as gaps between the groups output projections…
Naira takes deep plunge as CNB closes more windows
The Nigerian Naira rolled downhill on Wednesday in the foreign exchange market after the Central Bank of Nigeria (CBN) shut out bureau de change operators from its trading windows. At the parallel market where foreign exchange is most accessible to…
